schmidt -- what is your opinion of the grover norquist no-tax pledge? >> on the issue of taxes, it is true that we are at a historic low of revenue to g.d.p.. it has to come up. because a country with $16 trillion in debt with republicans -- which republicans andemocrats are responsible for has to be fixed. we have to get on to a sustainable economic path. barry goldwater said tax cuts yes, the deficit reduction first. you have to baby bells. d. -- pay the bills. in your personal and public life -- you want to have a prescription drug benefits under medicare, that is great, you have to pay for it. you once two wars? you have to pay for them, too. we should understand something about the republican party over the last and years. it has been a big spending party -- it just does not want to pay for any of the spending. reset of traditional conservatism requires that we be reality-based on the fiscal condition of the country and understand that the years of profligacy now require increased revenue. the notion that we have hundreds of members of congress bou